DAMODARIND NEWS why is Damodar Indust. price falling or rising

DAMODARIND NEWS reasons for why stock price of Damodar Indust. is falling or rising

DAMODARIND Damodar Indust is falling or rising technical reasons

Technical analysis forecast for Damodar Indust Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Damodar Indust DAMODARIND at this time. Stock is falling and might fall more.

It appears as if Damodar Indust DAMODARIND gave a large move recently.

Stock of Damodar Indust (DAMODARIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Damodar Indust is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Damodar Indust stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 38.1 as target. However if you take a buy trade in Damodar Indust, then use 40.1 as stoploss and 41.82 as target.

DAMODARIND Damodar Indust is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-11-21

Company Announcement Damodar Industries Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-10-30

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-10-23

Company Announcement Damodar Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-10-11

Company Announcement Damodar Industries Limited has submitted the Exchange a copy of Srutinizers report of Annual General Meeting held on August 17, 2024 along with a copy of minutes. - NEWS as on 2024-08-19

Company Announcement Damodar Industries Limited has informed the Exchange regarding Board meeting held on July 30, 2024. - NEWS as on 2024-07-31

Company Announcement Damodar Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 17, 2024 - NEWS as on 2024-07-26

More announcements and NEWS

DAMODARIND Damodar Indust. current price & indicator signals

Moving Averages for Damodar Indust.

  • 5Day Average: 40.73
  • 12Day Average: 41.25
  • 20Day Average: 42.15
  • 50Day Average: 44.16
  • 100Day Average: 46.79
  • 150Day Average: 47.97
  • 200Day Average: 48.8

DAMODARIND Indicators & signals

Indicator MACD (12,26,9)

41.13, 42.29, -1.02
Indicator MACD is in negative zone

Indicator ADX (14)

1.37, 16.98, 17.45
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAMODARIND Damodar Indust. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Mon Nov 2024 39.84 39.75 to 41.68 -0.85% 0.55 times
22 Fri Nov 2024 40.18 39.50 to 41.11 -0.86% 1.29 times
21 Thu Nov 2024 40.53 39.50 to 41.98 -2.69% 0.77 times
19 Tue Nov 2024 41.65 40.71 to 42.90 0.43% 0.39 times
18 Mon Nov 2024 41.47 39.09 to 42.49 6.91% 1.59 times
14 Thu Nov 2024 38.79 38.46 to 40.19 -0.84% 1.31 times
13 Wed Nov 2024 39.12 38.56 to 42.69 -5.85% 1.7 times
12 Tue Nov 2024 41.55 41.30 to 42.99 -1.82% 1.24 times
11 Mon Nov 2024 42.32 42.00 to 43.70 -0.52% 0.38 times
08 Fri Nov 2024 42.54 42.15 to 43.77 -1.66% 0.8 times
07 Thu Nov 2024 43.26 43.05 to 44.09 -1.05% 0.54 times
06 Wed Nov 2024 43.72 43.25 to 44.15 0.28% 0.35 times

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